On September 30, Gelunhui reported that Guizhou Panjiang Refined Coal (600395.SH) announced that Shouqian Company is a holding subsidiary of the company. In order to improve the efficiency of coal washing and enhance the quality of coal products, Shouqian Company invested in the construction of a coal selection plant with a construction scale of 1.2 million tons per year, with a total investment of 238.42 million yuan. To meet the construction needs of the Yangshan Coal Mine coal selection plant project of Shouqian Company, in accordance with the requirement of project capital not less than 30% of the total investment, the existing shareholders of Shouqian Company plan to jointly increase the registered capital to a total of 71.5 million yuan according to their shareholding proportions, and the company plans to increase its investment in Shouqian Company by 67.925 million yuan with a 95% equity ratio. Since the other shareholder of Shouqian Company, Guizhou Panjiang Electric Investment Power Generation Co., Ltd., and the company are both controlled by Guizhou Energy Group Co., Ltd., this capital increase constitutes a related party transaction.
盘江股份(600395.SH):拟向首黔公司增加投资6792.50万元
Guizhou Panjiang Refined Coal (600395.SH): plans to increase investment in Shouqian Company by 67.925 million yuan.
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